[年报]深康佳B:2020年年度报告(英文版)
原标题:深康佳B:2020年年度报告(英文版) KonkaGroupCo.,Ltd.AnnualReport20201KONKAGROUPCO.,LTD. ANNUALREPORT20202021-28March2021 KonkaGroupCo.,Ltd.AnnualReport20202PartIImportantNotes,TableofContentsandDefinitionsTheBoardofDirectors(orthe“Board”),theSupervisoryCommitteeaswellasthedirectors, supervisorsandseniormanagementofKonkaGroupCo.,Ltd.(hereinafterreferredtoasthe“Company”)herebyguaranteethefactuality,accuracyandcompletenessofthecontentsofthisReportanditssummary,andshallbejointlyandseverallyliableforanymisrepresentations,misleadingstatementsormaterialomissionstherein. LiuFengxi,theCompany’slegalrepresentative,LiChunlei,theCompany’sChiefFinancialOfficer(CFO),andGuoZhihua,headoftheCompany’sfinancialdepartment(equivalenttofinancialmanager)herebyguaranteethattheFinancialStatementscarriedinthisReportarefactual,accurateandcomplete. AlltheCompany’sdirectorshaveattendedtheBoardmeetingforthereviewofthisReportanditssummary. Anyplansforthefutureorotherforward-lookingstatementsmentionedinthisReportanditssummaryshallNOTbeconsideredasabsolutepromisesoftheCompanytoinvestors. Therefore,investorsareremindedtoexercisecautionwhenmakinginvestmentdecisions. TheBoardhasapprovedafinaldividendplanasfollows:basedonthe2,407,945,408shares,acashdividendofRMB1(taxinclusive)per10sharesistobedistributedtotheshareholders, withnobonusissuefromeitherprofitorcapitalreserves. ThisReportanditssummaryhavebeenpreparedinbothChineseandEnglish.Shouldtherebeanydiscrepanciesormisunderstandingsbetweenthetwoversions,theChineseversionsshallprevail. KonkaGroupCo.,Ltd.AnnualReport20203TableofContentsPartIImportantNotes,TableofContentsandDefinitions...........................................................2PartIICorporateInformationandKeyFinancialInformation.................................................10PartIIIBusinessSummary............................................................................................................15PartIVOperatingPerformanceDiscussionandAnalysis............................................................18PartVSignificantEvents................................................................................................................44PartVIShareChangesandShareholderInformation.................................................................98PartVIIPreferredShares.............................................................................................................105PartVIIIConvertibleCorporateBonds......................................................................................106PartIXDirectors,Supervisors,SeniorManagementandStaff.................................................107PartXCorporateGovernance.....................................................................................................118PartXICorporateBonds..............................................................................................................130PartXIIFinancialStatements......................................................................................................134PartXIIIDocumentsAvailableforReference.............................................................................418 KonkaGroupCo.,Ltd. AnnualReport2020 Definitions Term Definition The “Company”, the “Group”, “Konka Group” or “we” Konka Group Co., Ltd. and its consolidated subsidiaries, except where the context otherwise requires Konka Ventures Konka Ventures Development (Shenzhen) Co., Ltd. Yantai Konka Yantai Konka Healthcare Enterprise Service Co., Ltd. Chengdu Anren Chengdu Anren Konka Cultural and Creative Incubator Management Co., Ltd. Konka Enterprise Service Guiyang Konka Enterprise Service Co., Ltd. Chuanghui Smart Nanjing Chuanghui Smart Technology Co., Ltd. Yibin Konka Incubator Yibin Konka Incubator Management Co., Ltd. Anhui Konka Anhui Konka Electronic Co., Ltd. Kangzhi Trade Anhui Kangzhi Trade Co., Ltd. Konka Factoring Konka Factoring (Shenzhen) Co., Ltd. Konka Unifortune Shenzhen Konka Unifortune Technology Co., Ltd. Jiali International Jiali International (Hong Kong) Limited Wankaida Shenzhen Wankaida Science and Technology Co., Ltd. Dongguan Konka Dongguan Konka Electronic Co., Ltd. Suining Konka Smart Suining Konka Smart Technology Co., Ltd. Konka Europe Konka (Europe) Co., Ltd. Konka ElectricalAppliances Shenzhen Konka ElectricalAppliances Co., Ltd. Telecommunication Technology Shenzhen Konka Telecommunications Technology Co., Ltd. Konka Mobility Konka Mobility Co., Limited Mobile Interconnection Shenzhen Konka Mobile Interconnection Technology Co., Ltd. Sichuan Konka Sichuan Konka Smart Terminal Technology Co., Ltd Yibin Smart Yibin Konka Smart Technology Co., Ltd. Anhui Tongchuang Anhui Konka Tongchuang ElectricalAppliances Co., Ltd. Anhui ElectricalAppliance Anhui Konka ElectricalAppliance Technology Co., Ltd. Frestec Refrigeration Henan Frestec RefrigerationAppliance Co., Ltd. Frestec Smart Home Henan Frestec Smart Home Technology Co., Ltd. Frestec ElectricalAppliances Henan Frestec ElectricalAppliances Co., Ltd. Frestec HouseholdAppliances Henan Frestec HouseholdAppliances Co., Ltd. Jiangsu Konka Smart Jiangsu Konka Smart ElectricalAppliances Co., Ltd. 4 KonkaGroupCo.,Ltd. AnnualReport2020 Kangjiatong Sichuan Kangjiatong Technology Co., Ltd. Pengrun Technology Shenzhen Konka Pengrun Technology & Industry Co., Ltd. Jiaxin Technology Jiaxin Technology Co., Ltd. Dongguan Packing Dongguan Konka Packing Materials Co., Ltd. E2info Shenzhen E2info Network Technology Co., Ltd. E2info (Hainan) E2info (Hainan) Network Technology Co., Ltd. Beijing Konka Electronic Beijing Konka Electronic Co., Ltd. Konka Leasing Konka Financial Leasing (Tianjin) Co., Ltd. Konka Circuit Shenzhen Kangjia circuit Co., Ltd. Boluo Konka Precision Boluo Konka Precision Technology Co., Ltd. Xiamen Dalong Xiamen Dalong Trading Co., Ltd. Boluo Konka Boluo Konka PCB Co., Ltd. Hong Kong Konka Hong Kong Konka Limited Konka ElectricalAppliances Investment Konka ElectricalAppliances Investment & Development Co., Ltd. Chain Kingdom Memory Technologies Chain Kingdom Memory Technologies Co., Limited Chain Kingdom Memory Technologies (Shenzhen) Chain Kingdom Memory Technologies (Shenzhen) Co., Ltd. Hefei KONSEMI Hefei KONSEMI Storage Technology Co., Ltd. Konka SmartTech Konka SmartTech Limited Kangjietong Kangjietong (Hong Kong) Limited Konka ElectricalAppliances International Trading Konka ElectricalAppliances International Trading Co., Ltd. Kanghao Technology Kanghao Technology Co., Ltd. Konka NorthAmerica Konka NorthAmerica LLC Konka Investment Shenzhen Konka Investment Holding Co., Ltd. Yibin Konka Technology Park Yibin Konka Technology Park Operation Co., Ltd. Konka Capital Shenzhen Konka Capital Equity Investment Management Co., Ltd. Konka Suiyong Konka Suiyong Investment (Shenzhen) Co., Ltd. Kangquan Enterprise Shenzhen Kangquan Enterprise Management Consulting Co., Ltd. Konka Suyuan Shenzhen Konka Suyuan Investment Industrial Co., Ltd. Shengxing Industrial Shenzhen Konka Shengxing Industrial Co., Ltd. Industrial Park Development Shenzhen Konka Industrial Park Development Co., Ltd. Zhitong Technology Shenzhen Konka Zhitong Technology Co., Ltd. Electronics Technology Shenzhen Konka Electronics Technology Co., Ltd. Anhui Zhilian Anhui Konka Zhilian E-Commerce Co., Ltd. Youzhihui ShenzhenYouzhihuiTechnology Co., Ltd. Xiaojia Technology Shenzhen Xiaojia Technology Co., Ltd. 5 KonkaGroupCo.,Ltd. AnnualReport2020 Haimen Konka Haimen Konka Smart Technology Co., Ltd. Chengdu Konka Smart Chengdu Konka Smart Technology Co., Ltd. Chengdu Konka Electronic Chengdu Konka Electronic Co., Ltd. XingDa HongYe GuangDong XingDa HongYe Electronic Co., Ltd. Shanghai Xinfeng Shanghai Xinfeng Zhuoqun PCB Co., Ltd. Liaoyang Kangshun Smart Liaoyang Kangshun Smart Technology Co., Ltd. Liaoyang Kangshun Renewable Liaoyang Kangshun Renewable Energy Co., Ltd. Nanjing Konka Nanjing Konka Electronics Co., Ltd. Yantai Laikang Yantai Laikang Industrial Development Co., Ltd. Econ Technology Shandong Econ Technology Co., Ltd. Beijing Econ Beijing Econ Runfeng Technology Co., Ltd. Shanghai Jiyi Shanghai Jiyi Environmental Technology Co., Ltd. Binzhou Econ Zhongke Binzhou Econ Zhongke Environmental Technology Co., Ltd. Lairun Holding Laizhou Lairun Holding Co., Ltd. Lairun Environmental Protection Laizhou Lairun Environmental Protection Co., Ltd. Lairun Wastewater Laizhou Lairun Wastewater Treatment Co., Ltd. Binhai Wastewater Laizhou Binhai Wastewater Treatment Co., Ltd. Econ Environmental Engineering Econ Environmental Engineering Co., Ltd. Rushan Econ Rushan Econ Water Environment Management Co., Ltd. Binzhou Weiyijie Binzhou Weiyijie Environmental Technology Co., Ltd. Binzhou Beihai Jingmai Binzhou Beihai Jingmai Industrial Development Co., Ltd. Chunzhiran Yantai Chunzhiran Environmental Technology Co., Ltd. Donggang Kangrun Donggang Kangrun Environmental Management Co., Ltd. Kangrunhong Environmental Kangrunhong Environmental Technology (Yantai) Co., Ltd. Dayi Kangrun Water Dayi Kangrun Water Co., Ltd. Suining Pengxi Kangrun Suining Pengxi Kangrun Environmental Management Co., Ltd. Subei Kangrun Water Subei MongolAutonomous County Kangrun Water Co., Ltd. Weifang Sihai Kangrun Weifang Sihai Kangrun Investment Operation Co., Ltd. Lushan Kangrun Environmental Lushan Kangrun Environmental Management Co., Ltd. Funan Kangrun Water Funan Kangrun Water Co., Ltd. Wuhan Runyuan Wastewater Wuhan Runyuan Wastewater Treatment Co., Ltd. Tongchuan Kangrun Honghui Tongchuan Kangrun Honghui Environmental Management Co., Ltd. Tingyuan Environmental Tingyuan Environmental Technology (Shanghai) Co., Ltd. Gaoping Kangrun Gaoping Kangrun Environmental Protection & Water Co., Ltd. 6 KonkaGroupCo.,Ltd. AnnualReport2020 Mengcheng Kangrun Mengcheng KangrunAnjian Water Co., Ltd. Xixian Kangrun Xixian Kangrun Xijian Water Environment Development Co., Ltd. Chongzhou Kangrun Chongzhou Kangrun Environment Co., Ltd. Xi’an Kangrun Xi’an Gaoling Kangrun Environmental Engineering Co., Ltd. Ankang Kangrun Ankang Kangrun Xinheng Water Environment Co., Ltd. Changning Kangrun Changning Kangrun Water Co., Ltd. Bokang Renewable Bokang Renewable Resources (Yantai) Co., Ltd. Linfen Kangrun Linfen Kangrun Jinze Water Supply Co., Ltd. Konka Huanjia Konka Huanjia (Dalian) Environmental Technology Co., Ltd. Konka Huanjia (Henan) Konka Huanjia (Henan) Environmental Technology Co., Ltd. Shanghai Konka Shanghai Konka Industrial Co., Ltd. Yantai Kangjin Yantai Kangjin Technology Development Co., Ltd. Jiangxi Konka Jiangxi Konka New Material Technology Co., Ltd. Xinfeng Microcrystalline Jiangxi Xinfeng Microcrystalline Jade Co., Ltd. Nano Crystallized Glass Jiangxi Golden Phoenix Nano Crystallized Glass Co., Ltd. Jiangsu Konka Special Material Jiangsu Konka Special Material Technology Co., Ltd. Shenzhen Nianhua Shenzhen Nianhua Enterprise Management Co., Ltd. Shenzhen KONSEMI Shenzhen KONSEMI Co., Ltd. Hefei KONSEMI Hefei KONSEMI Storage Technology Co., Ltd. Yihe Electronic HefeiYihe Electronic Co., Ltd. Chongqing Konka Chongqing Konka Technology Development Co., Ltd. Shenzhen Huiying Technology Shenzhen Konka Huiying Technology Co., Ltd. Chongqing Huiying Technology Chongqing Konka Huiying Technology Co., Ltd. Konka Eco-Development Shenzhen Konka Eco-Development Investment Co., Ltd. Suining Konka Industrial Park Suining Konka Industrial Park Development Co., Ltd. Konka Ronghe Konka Ronghe Industrial Technology (Zhejiang) Co., Ltd. Suining Electronic Technological Innovation Suining Konka Electronic Technological Innovation Co., Ltd. Shenzhen Chuangzhi ElectricalAppliances Shenzhen Konka Chuangzhi ElectricalAppliances Co., Ltd. Kanghong (Yantai) Environmental Kanghong (Yantai) Environmental Technology Co., Ltd. Chongqing Kangxingrui Chongqing Kangxingrui Environmental Technology Co., Ltd. Chongqing KangxingruiAutomobile Recycling Chongqing Kangxingrui ScrapedAutomobile Recycling Co., Ltd. Chongqing Optoelectronic Technology Research Institute Chongqing Konka Optoelectronic Technology Research Institute Co., Ltd. Xinying Semiconductor Konka Xinying Semiconductor Technology (Shenzhen) Co., Ltd. 7 KonkaGroupCo.,Ltd. AnnualReport2020 Konka Xinyun Semiconductor Konka Xinyun Semiconductor Technology (Yancheng) Co., Ltd. Jiangkang (Shanghai) Technology Jiangkang (Shanghai) Technology Co., Ltd. Ningbo Kanghanrui ElectricalAppliances Ningbo Kanghanrui ElectricalAppliances Co., Ltd. Konka Intelligent Manufacturing Shenzhen Konka Intelligent Manufacturing Technology Co., Ltd. Suining Jiarun Property Suining Jiarun Property Co., Ltd. Yantai Kangyun Yantai Kangyun Industrial Development Co., Ltd. Yantai Kangyun Property Yantai Kangyun Property Development Co., Ltd. Chongqing Kanglei Optoelectronic Chongqing Kanglei Optoelectronic Technology Co., Ltd. Yibin Kangrun Yibin Kangrun Environmental Technology Co., Ltd. Henan Kangxin Property Henan Kangxin Property Co., Ltd. Konka Material Hainan Konka Material Technology Co., Ltd. Shenzhen Kangxin Property Shenzhen Kangxin Property Co., Ltd. Henan Kanghan Property Henan Kanghan Property Co., Ltd. Chengdu Konka Incubator Chengdu Konka Incubator Management Co., Ltd. Cross-Border Technological Innovation Shenzhen Konka Cross-Border Technological Innovation Service Co., Ltd. Konka Enterprise Management Guizhou Konka Enterprise Management Service Co., Ltd. Youshi Kangrong Youshi Kangrong Culture Communication Co., Ltd. Life ElectricAppliance Shenzhen Konka Life ElectricAppliance Co., Ltd. Commercial System Technology Shenzhen Konka Commercial System Technology Co., Ltd. Frestec Smart Henan Frestec Smart Eco ElectricalAppliances Co., Ltd. E3info E3info (Hainan) Technology Co., Ltd. Yifang Technology Shenzhen Konka Yifang Technology Co., Ltd. Yuekang Semiconductor Yuekang Semiconductor Technology (Yantai) Co., Ltd. Kangshi Virtual Kangshi Virtual Technology (Yantai) Co., Ltd. Industrial New Town Sichuan Konka Industrial New Town Development Co., Ltd. Kangxin Technology Shenzhen Konka Kangxin Technology Co., Ltd. Hainan Technology Hainan Konka Technology Industry Development Co., Ltd. Nanjing Konka Nanjing Konka Smart Technology Co., Ltd. Zhongshan Kangxin Electronic Zhongshan Kangxin Electronic Technology Co., Ltd. Zhongshan Kang’ao Zhongshan Kang’ao Electronic Co., Ltd. Boxing Xingkang Environmental Boxing Xingkang Environmental Technology Co., Ltd. Yantai Konka Industrial Yantai Konka Industrial Co., Ltd. Shandong Kangxin Shandong Kangxin Industrial Development Co., Ltd. Shenzhen Morsemi Shenzhen Morsemi Semiconductor Technology Co., Ltd. 8 KonkaGroupCo.,Ltd. AnnualReport2020 Zhengmao Semiconductor Chongqing Zhengmao Semiconductor Co., Ltd. Dongguan Konka Investment Dongguan Konka Investment Co., Ltd. Kanghong (Yantai) Environmental Technology Park Kanghong (Yantai) Environmental Technology Park Co., Ltd. Chongqing Konka Property Development Chongqing Konka Property Development Co., Ltd. Chongqing Xingyi Property Chongqing Konka Xingyi Property Co., Ltd. Chongqing Fuze Property Chongqing Konka Fuze Property Co., Ltd. Debao New Material Anhui Konka Debao New Material Technology Co., Ltd. Chuzhou Kangxin Health Industry Chuzhou Kangxin Health Industry Development Co., Ltd. Kangxinlong Environmental Protection Hubei Kangxinlong Environmental Protection Co., Ltd. Chongqing Chengda Chongqing Chengda Property Co., Ltd. Chongqing Chunfu Chongqing Chunfu Property Co., Ltd. Chongqing Langheng Chongqing Langheng Property Co., Ltd. Morsemi Hong Kong Morsemi Semiconductor Technology (Hong Kong) Limited CSRC The China Securities Regulatory Commission SZSE The Shenzhen Stock Exchange CSRC Shenzhen The Shenzhen Bureau of the China Securities Regulatory Commission RMB, RMB’0,000, RMB’00,000,000 Expressed in the Chinese currency of Renminbi, expressed in tens of thousands of Renminbi, expressed in hundreds of millions of Renminbi 9 KonkaGroupCo.,Ltd. AnnualReport2020 Part II Corporate Information and Key Financial Information I Corporate Information Stock name Konka Group-A, Konka Group-B Stock code 000016, 200016 Changed stock name (if any) N/A Stock exchange for stock listing Shenzhen Stock Exchange Company name in Chinese康佳集团股份有限公司 Abbr.康佳集团 Company name in English (if any) KONKAGROUPCO.,LTD Abbr. (if any) KONKAGROUP Legal representative Liu Fengxi Registered address 15-24/F, Konka R&D Center, 28 Keji South Twelfth Road, Science and Technology Park, Yuehai Street, Nanshan District, Shenzhen, Guangdong Province, China Zip code 518057 Office address 15-24/F, Konka R&D Center, 28 Keji South Twelfth Road, Science and Technology Park, Yuehai Street, Nanshan District, Shenzhen, Guangdong Province, China Zip code 518057 Company website www.konka.com address [email protected] II Contact Information Board Secretary Securities Representative Name WuYongjun Miao Leiqiang Address Board Secretariat, 24/F, Konka R&D Center, 28 Keji South Twelfth Road, Science and Technology Park, Yuehai Street, Nanshan District, Shenzhen, Guangdong Province, China Board Secretariat, 24/F, Konka R&D Center, 28 Keji South Twelfth Road, Science and Technology Park, Yuehai Street, Nanshan District, Shenzhen, Guangdong Province, China Tel. 0755-26609138 0755-26609138 Fax 0755-26601139 0755-26601139 address [email protected] [email protected] III Media for Information Disclosure and Place where this Report Is Lodged NewspapersdesignatedbytheCompanyforinformationdisclosureSecuritiesTimes,etc. 10 KonkaGroupCo.,Ltd.AnnualReport202011WebsitedesignatedbyCSRCforpublicationofthisReporthttp://www.cninfo.com.cn/new/indexPlacewherethisReportislodgedBoardSecretariat,24/F,KonkaR&DCenter,28KejiSouthTwelfthRoad, ScienceandTechnologyPark,YuehaiStreet,NanshanDistrict,Shenzhen, GuangdongProvince,ChinaIVChangetoCompanyRegisteredInformationUnifiedsocialcreditcode914403006188155783ChangetoprincipalactivityoftheCompanysincegingpublic(ifany) NochangeEverychangeofcontrollingshareholdersinceincorporation(ifany) NochangeVOtherInformationTheindependentauditfirmhiredbytheCompany: NameShinewingCertifiedPublicAccountantsLLPOfficeaddress9/F,BlockA,FuhuaMansion,No.8ChaoyangmenNorthStreet,DongchengDistrict, Beijing,ChinaAccountantswritingsignaturesGuoDongchaoandZhanMiaolingTheindependentsponsorhiredbytheCompanytoexerciseconstantsupervisionoertheCompanyintheReportingPeriod: □Applicable√NotapplicableTheindependentfinancialadvisorhiredbytheCompanytoexerciseconstantsupervisionovertheCompanyintheReportingPeriod: □Applicable√NotapplicableVIKeyFinancialInformationIndicatebytickmarkwhetherthereisanyretrospectivelyrestateddatuminthetablebelow. □Yes√No202020192020-over-2019change(%) 2018Operatingrevenue(RMB)50,351,836,554.8755,119,125,478.72-8.65%46,126,797,341.33Netprofitattributabletothelistedcompany’sshareholders(RMB) 477,633,250.14212,034,210.08125.26%411,289,744.68Netprofitattributabletothelisted-2,367,590,806.95-1,875,722,546.18-26.22%-795,400,491.44 WebsitedesignatedbyCSRCforpublicationofthisReporthttp://www.cninfo.com.cn/new/indexPlacewherethisReportislodgedBoardSecretariat,24/F,KonkaR&DCenter,28KejiSouthTwelfthRoad, ScienceandTechnologyPark,YuehaiStreet,NanshanDistrict,Shenzhen, GuangdongProvince,ChinaIVChangetoCompanyRegisteredInformationUnifiedsocialcreditcode914403006188155783ChangetoprincipalactivityoftheCompanysincegingpublic(ifany) NochangeEverychangeofcontrollingshareholdersinceincorporation(ifany) NochangeVOtherInformationTheindependentauditfirmhiredbytheCompany: NameShinewingCertifiedPublicAccountantsLLPOfficeaddress9/F,BlockA,FuhuaMansion,No.8ChaoyangmenNorthStreet,DongchengDistrict, Beijing,ChinaAccountantswritingsignaturesGuoDongchaoandZhanMiaolingTheindependentsponsorhiredbytheCompanytoexerciseconstantsupervisionoertheCompanyintheReportingPeriod: □Applicable√NotapplicableTheindependentfinancialadvisorhiredbytheCompanytoexerciseconstantsupervisionovertheCompanyintheReportingPeriod: □Applicable√NotapplicableVIKeyFinancialInformationIndicatebytickmarkwhetherthereisanyretrospectivelyrestateddatuminthetablebelow. □Yes√No202020192020-over-2019change(%) 2018Operatingrevenue(RMB)50,351,836,554.8755,119,125,478.72-8.65%46,126,797,341.33Netprofitattributabletothelistedcompany’sshareholders(RMB) 477,633,250.14212,034,210.08125.26%411,289,744.68Netprofitattributabletothelisted-2,367,590,806.95-1,875,722,546.18-26.22%-795,400,491.44 KonkaGroupCo.,Ltd. AnnualReport2020 company’s shareholders before exceptional gains and losses (RMB) Net cash generated from/used in operating activities (RMB) 178,616,528.21 -1,543,947,284.59 111.57% -3,229,823,872.66 Basic earnings per share (RMB/share) 0.1984 0.0881 125.20% 0.1708 Diluted earnings per share (RMB/share) 0.1984 0.0881 125.20% 0.1708 Weighted average return on equity (%) 5.79% 2.62% 3.17% 5.11% 31 December 2020 31 December 2019 Change of 31 December 2020 over 31 December 2019 (%) 31 December 2018 Total assets (RMB) 49,876,267,493.61 42,586,955,452.27 17.12% 32,985,061,889.03 Equity attributable to the listed company’s shareholders (RMB) 8,428,640,176.97 8,068,505,598.13 4.46% 8,104,736,790.53 Indicate by tick mark whether the lower of the net profit attributable to the listed company’s shareholders before and after exceptional gains and losses was negative for the last three accounting years, and the latest independent auditor’s report indicated that there was uncertainty about the Company’sabilitytocontinueas agoing concern. □Yes√No Indicate by tick mark whether the lower of the net profit attributable to the listed company’s shareholdersbefore andafter exceptional gainsand losseswasnegative. √Yes□No Item 2020 2019 Note Operating revenue (RMB) 50,351,836,554.87 55,119,125,478.72 Deductions from operating revenue (RMB) 56,103,050.39 31,986,803.24 Revenue from scrap sales, utilities revenue, handling charges received and other revenue not related to the principal business activities Operating revenue net of deductions (RMB) 50,295,733,504.48 55,087,138,675.48 12 KonkaGroupCo.,Ltd.AnnualReport202013VIIAccountingDataDifferencesunderChina’sAccountingStandardsforBusinessEnterprises(CAS)andInternationalFinancialReportingStandards(IFRS)andForeignAccountingStandards1.NetProfitandEquityunderCASandIFRS □Applicable√NotapplicableNodifferencefortheReportingPeriod. 2.NetProfitandEquityunderCASandForeignAccountingStandards □Applicable√NotapplicableNodifferencefortheReportingPeriod. VIIIKeyFinancialInformationbyQuarterUnit:RMBQ1Q2Q3Q4Operatingrevenue7,806,520,237.499,717,663,659.2512,276,961,374.4220,550,691,283.71Netprofitattributabletothelistedcopany’sshareholders-220,602,940.37315,304,733.00520,661,894.19-137,730,436.68Netprofitattributabletothelistedcompany’sshareholdersbeforeexceptionalgainsandlosses-333,520,116.21-316,490,379.26-843,908,630.71-873,671,680.77Netcashgeneratedfrom/usedinoperatingactivities-1,031,223,468.58-45,143,458.90-99,506,432.851,354,489,888.54IndicatebytickmarkwhetheranyofthequarterlyfinancialdatainthetableaboveortheirsummationsdiffersmateiallyfromwhathavebeendisclosedintheCompany’squarterlyorinterimreports. □Yes√NoIXExceptionalGainsandLosses√Applicable□NotapplicableUnit:RMBItem202020192018NoteGainorlossondisposalofnon-currentassets(inclusiveofimpairmentallowancewrite-offs) 2,431,648,255.261,202,401,420.41732,818,574.90Governmentsubsidieschargedtocurrentprofit908,546,202.241,204,519,346.40259,609,02.27 Q1Q2Q3Q4Operatingrevenue7,806,520,237.499,717,663,659.2512,276,961,374.4220,550,691,283.71Netprofitattributabletothelistedcompay’sshareholders-220,602,940.37315,304,733.00520,661,894.19-137,730,436.68Netprofitattributabletothelistedcompany’sshareholdersbeforeexceptionalgainsandlosses-333,520,116.21-316,490,379.26-843,908,630.71-873,671,680.77Netcashgeneratedfrom/usedinoperatingactivities-1,031,223,468.58-45,143,458.90-99,506,432.851,354,489,888.54IndicatebytickmarkwhetheranyofthequarterlyfinancialdatainthetableaboveortheirsummationsdiffersmateiallyfromwhathavebeendisclosedintheCompany’squarterlyorinterimreports. □Yes√NoIXExceptionalGainsandLosses√Applicable□NotapplicableUnit:RMBItem202020192018NoteGainorlossondisposalofnon-currentassets(inclusiveofimpairmentallowancewrite-offs) 2,431,648,255.261,202,401,420.41732,818,574.90Governmentsubsidieschargedtocurrentprofit908,546,202.241,204,519,346.40259,609,02.27 KonkaGroupCo.,Ltd. AnnualReport2020 or loss (exclusive of government subsidies given in the Company’s ordinary course of business at fixed quotas or amounts as per the government’s uniform standards) Gain equal to the amount by which investment costs for the Company to obtain subsidiaries, associates and joint ventures are lower than the Company’s enjoyable fair value of identifiable net assets of investees when making investments 220,045,229.63 Gain or loss on assets entrusted to other entities for investment or management 18,476,648.12 71,541,978.85 182,022,653.32 Gain or loss on debt restructuring 1,127,066.94 14,515,006.57 Gain or loss on fair-value changes in held-for-trading and derivative financial assets and liabilities & income from disposal of held-for-trading and derivative financial assets and liabilities and other investments in debt obligations (exclusive of the effective portion of hedges that arise in the Company’s ordinary course of business) 96,316,772.78 49,472,415.17 39,542,461.74 Gain or loss on loan entrustments 64,616,181.90 1,992,676.20 1,389,042.48 Non-operating income and expense other than the above 54,271,037.60 121,189,478.51 73,907,331.00 Other gains and losses that meet the definition of exceptional gain/loss 1,081,111.64 145,586,810.18 17,974,523.98 Less: Income tax effects 544,211,364.67 545,067,993.60 253,497,204.45 Non-controlling interests effects (net of tax) 186,647,854.72 178,394,382.43 67,121,398.75 Total 2,845,224,057.09 2,087,756,756.26 1,206,690,236.12 -- Explanation of why the Company reclassifies as recurrent an exceptional gain/loss item defined or listed in the Explanatory Announcement No. 1 on Information Disclosure for Companies Offering Their SecuritiestothePublic—ExceptionalGain/LossItems: √Applicable□ Notapplicable Item Amount involved (RMB) Reason Tax rebates on software 30,710,313.50 Government subsidies given in the Company’s ordinary course of business at fixed quotas or amounts as per government’s uniform standards 14 KonkaGroupCo.,Ltd.AnnualReport202015PartIIIBusinessSummaryIPrincipalActivityoftheCompanyintheReportingPeriod(I)TheConsumerElectronicDivisionThisdivisionprimarilycomprisesthemultimediasub-divisionandthewhitegoodssub-division, withdetailsasfollows: 1.TheMultimediaSub-DivisionTheCompanyprovidesmultimediaproductsandservices,includingcolourTVsandInternetTVservices,forbothdomesticandoverseasmarkets. ThedomesticsalesoftheCompany’scolourTVsarerealizedmainlythroughB2B(Business-to-Business)andB2C(Business-to-Consumer),withitsbranchcompanies,businessdepartmentsandafter-salesmaintenancepointsoperatingacrossthecountry.AndtheCompanyprofitsfromthemarginsbetweenthecostsandthesellingpricesofitscolourTVs. AsforsellingitscolourTVsabroad,theCompanymainlyreliesonB2B.ItscolourTVsaresoldtoAsiaPacific,MiddleEast,Central&SouthAmerica,EastEurope,etc.AndoperatingprofitsourceisalsothedifferencesbetweenthecostsandthesellingpricesofitscolourTVs. InternetbusinessisbasedontheintelligentTVterminalssoldbyourcompany.Itmainlycarriesoutthreeaspectsofbusiness.Firstly,itworkswithotherInternetcompaniestoprovideenduserswith, amongothercontent,video,educational,music,medicalandgamecontenttogenerateearnings. Secondly,itanalysesuserbehavioursandoffercertainfree,interactiveservicestoincreaseattractivenesstousers,promoteitsbrandandstimulatedesireforitshardwareproducts.Finally,itistryingtobuildanInternetTVplatformwithtensofmillionsofusers,onwhichitwillprofitthroughcommercialandapplicationdistribution.ThisInternetTVbusinessiskeytotheCompany’sInternet-orientedtransformationandupgradetoadevelopmentmodelof“hardware+software”and“smartTV+endusers”. 2.TheWhiteGoodsSub-DivisionThewhitegoodsproducedbytheCompanymainlyincluderefrigerators,washingmachines,airconditioners,freezers,etc.,whicharesoldthroughB2BandB2Cmainlytothedomesticmarket. AndtheCompanyprofitsfromthemarginsbetweenthecostsandthesellingpricesofitswhitegoods.TheCompanystrengthenedthefoundationofourwhitegoodsbrandsthroughtheacquisitionoftheFrestecbrand.TheCompanyalsooptimizedtheinternalR&D,production,procurement, sales,andservicesprocessesandintegratedtheexternalchannelresourcestoenablechannelsharingbetweentheupstreamprocurementprocessesanddowntreamsalesprocesses.Bytakingadvantageofthisopportunity,theCompanyimprovedtheproductandsalesstructureandenhancedthe KonkaGroupCo.,Ltd.AnnualReport202016managementofonlinechannels. (II)TheIndustryTradeBusinessIntheindustrytradebusiness,theCompanybenefitsfrompurchasingandprocessingICchips,LCDscreens,etc.,whicharerawmaterialsinitstraditionalcorebusiness,fromupstreamsuppliersandsellingthemtodownstreamcustomers.TheindustrytradebusinesscanhelptheCompanyestablishgoodrelationshipswithitsupstreamsuppliersanddownstreamcustomers,andkeepitinformedofpricesofthematerialsusedinitsproductionforbettercostcontroloveritsexistingproducts. Additionally,itisabletofacilitatethedevelopmentofthesemiconductorbusinessbyhelpingaccumulatecustomerresourcesforthesemiconductorandchipbusinss,providesaleschannels, andachieveaccuratematchingofmarketdemand,withashortenedproductdevelopmentperiodandalowerriskofmismatchingofR&Dandmarketdemand. (III)TheEnvironmentalProtectionDivisionCurrently,thisbusinessfocusesonwatertreatment,recyclingofrenewableresourcesandthenewmaterialofglassceramic.WaterengineeringPPP(Public-PrivatePartnership)projectsareundertakenunderBOT(Build-Operate-Transfer)orEPC(EnergyPerformanceContracting)models. Renewableresourcesarecollected,sorted,processed,distributedandsold. (IV)TheSemi-ConductorDivisionCurrently,theCompanyisengagedinstorage,optoelectronics,etc.withrespecttothesemi-conductorbusiness.Instorage,theCompanyprimarilydesignsandmarketsmasterstoragechips,andengageinpackagingandtestingofstorageproducts.Inoptoelectronics,theCompanyprimarilydevelopsMicroLED-relatedproducts. IISignificantChangesinMajorAssets1.SignificantChangesinMajorAssetsMajorassetsMainreasonforsignificantchangesEquityassetsNosignificantchangeFixedassetsNosignificanchangeIntangibleassetsNosignificantchangeConstructioninprogressTheendingamountincreased115.23%fromthebeginningamount,primarilydrivenbynewenvironmentengineeringinprogress. MajorassetsMainreasonforsignificantchangesEquityassetsNosignificantchangeFixedassetsNosignificantchangeIntangibleassetsNosignifcantchangeConstructioninprogressTheendingamountincreased115.23%fromthebeginningamount,primarilydrivenbynewenvironmentengineeringinprogress. KonkaGroupCo.,Ltd.AnnualReport2020172.MajorAssetsOverseas □Applicable√NotapplicableIIICoreCompetitivenessAnalysisTheCompany’scorecompetitivenessliesinitsR&Dability,brand,marketingnetworkandhumanresources.Ithasdevelopedathree-levelR&Dsystemof“KonkaResearchInstitute-MultimediaR&DCentre-specializeddesigninstitutes”,establishedartificialintelligenceinternetofthingscomprehensivelaboratoryand5gUltraHDlaboratorywithmajoruniversitiesorscientificesearchinstitutions,establishedacademicianworkstation,andbuiltatechnologyresearchalliancematchingtheindustriallayout,withnearly100corekeytechnologiesandabout150talentsThecompanyhasaR&Dteamofmorethan20people,andhasintroducedtwoprojectsofmicroledandmemorymasterchip,withmorethan100industrytechnicaltalents.Intermsofbrand,thecompanycontinuestopromotebrandstrategyconstruction,systemconstruction,imageconstructionandculturalconstruction,focusesonimprovingthescientificandinternationalimageoftheenterprise,(未完) |